# JSW Neo Energy to acquire Tidong Power's 150 MW hydro project

JSW Neo Energy Ltd., a subsidiary of JSW Energy, will acquire Tidong Power Generation Pvt. Ltd. from Statkraft Group for an enterprise value of Rs 1,728 crore. The portfolio includes a 150 MW under-construction hydro project in Himachal Pradesh. Completion expected by 15 January 2026.

- Type: Acquisition
- Announced: 2025-09-18
- Where: Himachal Pradesh, India
- Value: $210.0M (17.3B INR)
- Status: announced
- Capacity: 150 MW
- Products: hydroelectric power
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Statkraft](https://endata.com/companies/2092.md) (partner)
- [JSW Energy](https://endata.com/companies/15311.md) (partner)
- [JSW Neo Energy Limited](https://endata.com/companies/82663.md) (acquirer)
- [Tidong Power Generation Pvt. Ltd.](https://endata.com/companies/87219.md) (target)

## Sources

- [ndtvprofit.com](https://www.ndtvprofit.com/markets/jsw-energy-share-price-rise-after-himachal-hydro-and-ge-powers-boiler-business-9305287), 2025-09-19: "The proposed acquisition is expected to be completed on or before Jan. 15, 2026, subject to the fulfillment of the conditions under the definitive agreements."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.